Porsche AG

Luxury carmaker Porsche AG expects another record year for sales despite the global semiconductor chip shortage, its sales chief was quoted as saying by industry magazine Automobilwoche. “When I look at the current orders, I’m confident...

Luxury sports carmaker Porsche AG must recall 43,000 of its electric Taycan cars over faulty software that can cause the battery-powered engine to suddenly shut down, it said on Friday. The recall affects all Taycan vehicles...